Isa Rayyan
Denying a rental application
4 January 2020 | 6 replies
Don't over-think it.Dear Applicant,I started processing your application and discovered you only make 2x the rent income.
Wesley Sherow
10 Unit Rehab; Project Discussion
12 January 2022 | 5 replies
We ended up discovering that instead of giving his employees raises, he rented apartments to them and gave them discounts on rent.
Grace Marie Weger
First Time BRRR in - Concerned about Margins
11 January 2023 | 4 replies
I recently discovered that most cash-out refinance programs require that you maintain 20% equity in the home, which makes me concerned about my marginsHere are my figures:Purchase price $380k.
Patrick Kaiser
Top 3 Reasons Flippers Fail
15 July 2022 | 3 replies
If we fall out of escrow due to discovered defects during inspection, that's another $4000 gone.
Milton Chamberlain
403 Mcbaine Columbia MO single family BUY-HOLD
13 January 2023 | 0 replies
This was only discovered after we began working on the electrical.
Jorge Abreu
Reviewing a Real Estate Deal Like A Professional Underwriter
12 January 2023 | 2 replies
In this article, you’ll learn how to evaluate their business plan, the real estate market, and operating agreement.Keep reading to discover three expert underwriters' tips for looking at a real estate syndication arrangement from a conservative viewpoint.
Frederick William
Multi family heating.
14 January 2023 | 2 replies
Inspection discovered that the property only has heating in 1 of the 4 units.
Robin Simon
Medium Term Rentals - Next Big Thing?
16 August 2022 | 82 replies
From what I discovered, the corporate apartments are essentially Airbnb arbitragers.
Rob Kulp
Permit questions
5 June 2015 | 9 replies
If you're doing a flip do you keep them forever in case an owner somewhere down the road has an issue and discovers a problem with something you did and tries to come back on you?
Arthur R. van der Vant
5 best practices for screening tenants
14 January 2023 | 2 replies
Bouncing payments or only being an illness or accident away from not being able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX).